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Page 10 - Us Stock Markets

Chinese tech firms face US ultimatum over issue of US accounting standards

New York-listed Chinese tech firms could soon be forced to leave the US market after the country's SEC started implementing a law to remove foreign firms that did not comply with accounting standards

Chinese tech firms face US ultimatum over issue of US accounting standards
Updated On : 26 Mar 2021 | 7:54 AM IST

GameStop mulls share sale after Reddit-fueled rally; stock dips after hours

The company reported a dip in quarterly net sales, which also missed analysts' expectations, and a decline in gross margins

GameStop mulls share sale after Reddit-fueled rally; stock dips after hours
Updated On : 24 Mar 2021 | 2:06 PM IST

GameStop, other 'meme stocks' soar as US markets eye stimulus boost

GameStop was trading 14.5% higher at $282.73 before the bell, on course for a sixth straight session of gains

GameStop, other 'meme stocks' soar as US markets eye stimulus boost
Updated On : 10 Mar 2021 | 8:45 PM IST

Beware of 'frothy' SPACs, London Stock Exchange warns investors

"There is clearly some froth in the US market for SPACs," London Stock Exchange Chief Executive David Schwimmer told reporters

Beware of 'frothy' SPACs, London Stock Exchange warns investors
Updated On : 05 Mar 2021 | 9:11 PM IST

US President Joe Biden's SEC nominee vows review of GameStop trading issues

As many as 98.78 per cent votes were cast in favour of the resolution to authorise the bank to raise capital through issuance of equity shares or other securities, Yes Bank said in a regulatory filing

US President Joe Biden's SEC nominee vows review of GameStop trading issues
Updated On : 02 Mar 2021 | 11:46 PM IST

Never bet against America, says Buffett; reveals $10-billion mist

Singles out Apple among top three valuable holdings; snaps up record $24.7 billion of own stock

Never bet against America, says Buffett; reveals $10-billion mist
Updated On : 01 Mar 2021 | 1:50 AM IST

Higher bond yields in the US led to lower Nifty P/E, shows data

Bond yields in the US are up nearly 100 basis points from their lows in June last year, while the Nifty P/E remains close to a 25-year high of around 40x

Higher bond yields in the US led to lower Nifty P/E, shows data
Updated On : 27 Feb 2021 | 12:45 AM IST

GameStop Corp shares soar around 50% as 'meme stocks' rally again

GameStop shares hit $160 at the open before being halted after several minutes of trading and fell to around $129 before the second halt

GameStop Corp shares soar around 50% as 'meme stocks' rally again
Updated On : 25 Feb 2021 | 11:37 PM IST

Analysis: Bubbles, bubbles bound for trouble?

LONDON (Reuters) - The $6.2 billion-an-hour rise in the value of world stocks since March was dubbed the "mother of all asset bubbles" by BofA analysts last week - and all of a sudden there is a high-pitched hissing sound.

Analysis: Bubbles, bubbles bound for trouble?
Updated On : 24 Feb 2021 | 2:45 AM IST

Tesla shares sink below the price at which it entered S&P 500 index

The stock dropped as much as 12% to $627.10 in New York on Tuesday

Tesla shares sink below the price at which it entered S&P 500 index
Updated On : 24 Feb 2021 | 12:46 AM IST

Dollar snaps two-day winning streak, bitcoin hovers near record highs

NEW YORK (Reuters) - The dollar lost ground on Thursday, ending its first two-day winning streak in two weeks as disappointing labor market data tempered expectations for a speedy economic recovery from the global health crisis.

Dollar snaps two-day winning streak, bitcoin hovers near record highs
Updated On : 19 Feb 2021 | 2:22 AM IST

Warren Buffett's Berkshire Hathaway reveals three new secret buys

The company cut its Apple stake, still holds $120 bn

Warren Buffett's Berkshire Hathaway reveals three new secret buys
Updated On : 18 Feb 2021 | 2:02 AM IST

Warren Buffett's favourite valuation metric is ringing an alarm

Any Buffett disciple who checks in on the billionaire investor's favourite market valuation metric these days may get the urge to shriek in terror

Warren Buffett's favourite valuation metric is ringing an alarm
Updated On : 13 Feb 2021 | 3:58 PM IST

How GameStop missed out on capitalising on the Reddit-fueled rally

GameStop's market value soared from $1.4 billion on Jan. 11 to a peak of $33.7 billion on Jan. 28

How GameStop missed out on capitalising on the Reddit-fueled rally
Updated On : 11 Feb 2021 | 9:47 PM IST

S&P 500 edges lower in volatile trade, while dollar drops to 2-week low

NEW YORK (Reuters) - The S&P 500 was down slightly in volatile trading while MSCI's gauge of stocks across the globe was barely higher on Wednesday, pausing after recent gains, while the dollar dropped to two-week lows.

S&P 500 edges lower in volatile trade, while dollar drops to 2-week low
Updated On : 10 Feb 2021 | 11:41 PM IST

Reddit forums turn to cannabis industry as stocks surge new highs

Swaggystocks, which aggregates sentiment on shares talked about in the WallStreetBets forum, showed Tilray was the most upvoted stock in the group

Reddit forums turn to cannabis industry as stocks surge new highs
Updated On : 10 Feb 2021 | 10:15 PM IST

GameStop shares tumble nearly 20% as retail-driven surge dies down

The average price target of analysts tracked by Refinitiv on the company is $13.44

GameStop shares tumble nearly 20% as retail-driven surge dies down
Updated On : 09 Feb 2021 | 11:58 PM IST

Wall Street eases from record levels at open; stimulus in focus

The Dow Jones Industrial Average fell 25.9 points, or 0.08%, at the open to 31359.88

Wall Street eases from record levels at open; stimulus in focus
Updated On : 09 Feb 2021 | 8:10 PM IST

S&P 500, Nasdaq scale new highs on stimulus progress, job market rebound

J&J files Covid-19 vaccine application with the FDA; Indexes up: Dow 0.48%, S&P 0.37%, Nasdaq 0.11%

S&P 500, Nasdaq scale new highs on stimulus progress, job market rebound
Updated On : 05 Feb 2021 | 9:10 PM IST

China's Luckin Coffee seeks US Chapter 15 bankruptcy protection

The firm's explosive growth was derailed last year by accounting fraud

China's Luckin Coffee seeks US Chapter 15 bankruptcy protection
Updated On : 05 Feb 2021 | 5:17 PM IST